NetBrands Establishes Digital Asset Treasury Focused on Bitcoin and Ethereum

Cryptocurrency mining company NetBrands, listed publicly on the U.S. OTC market, has unveiled a new digital asset treasury strategy. According to PANews, this innovative approach prioritizes Bitcoin as a long-term reserve asset, aiming to maximize the retention of mined Bitcoin. Additionally, NetBrands plans to invest in Ethereum (ETH) and Aave (AAVE), exploring opportunities for staking rewards from these cryptocurrencies. With an initial investment of $10 million, the treasury aims to grow its overall scale to reach a target of $100 million.